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Agenda - Council - 08/13/2013
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Agenda - Council - 08/13/2013
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3/18/2025 9:36:06 AM
Creation date
10/25/2013 4:02:45 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
08/13/2013
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$635,000.00 City of Ramsey, Minnesota <br />General Obligation Equipment Certificates of Indebtedness, Series 2013A <br />FINAL <br />Pricing Summary <br />Maturity <br />Maturity Type of Bond Coupon Yield Value Price Dollar Price <br />09101/2015 Term 1 Coupon 0.500% 0.500% 120,000.00 100.000% 120,000.00 <br />09/01/2016 Serial Coupon 1.000% 1,000% 60,000.00 100.000% 60,000.00 <br />09101/2017 Serial Coupon 1.200% 1.200% 60,000.00 100.000% 60,000.00 <br />09/01/2019 Term 2 Coupon 1.750% 1.750% 125,000,00 100.000% 125,000.00 <br />09/01/2021 Term 3 Coupon 2.500% 2.500% 130,000.00. 100.000% 130,000.00 <br />09/01/2023 Term 4 Coupon 3.000% 3.000% 140,000.00 100.000% 140,000.00 <br />'rota] - S635,000.00 $635,000.00 <br />Bid Information <br />Par Amount of Bonds <br />Gross Production <br />Total Underwriter's Discount (1,960%) <br />Bid (98.040%) <br />Accrued Interest from 09/01/2013 to 09/05/2013 <br />Total Purchase Price <br />Bond Year Dollars <br />Average Life <br />Average Coupon <br />Net Interest Cost (NIC) <br />True Interest Cost (TIC) <br />GO Equipment Cori 2013A F 1 SINGLE PURPOSE 1 8/ 7/2013 1 12:08 PM <br />$63 5,000.00 <br />$635,000.00 <br />$(1 2,446.00) <br />622,554.00 <br />128.42 <br />$622,682.42 <br />$3,587.94 <br />5.650 Years <br />2.2834802% <br />2.6303640% <br />2.6369883% <br />Northland Securities Inc. <br />Public Finance ;;;,;,r,,,;._�.;,,,�,;�; <br />
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